Royale Energy, Inc. (OTCMKTS:ROYL – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 8,700 shares, an increase of 770.0% from the September 30th total of 1,000 shares. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.8 days.
Royale Energy Stock Performance
Shares of Royale Energy stock remained flat at $0.05 during trading on Friday. The firm’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.05. The company has a market cap of $3.53 million, a P/E ratio of -1.25 and a beta of 0.03. Royale Energy has a 1 year low of $0.01 and a 1 year high of $0.08.
About Royale Energy
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